← Back

Luxin Venture Capital Group Co Ltd

Luxin Venture Capital Group Co., Ltd. is a subsidiary of Shandong Luxin Investment Holdings Group Co., Ltd. It operates as a private equity and venture capital firm focused on start-ups, growth capital, emerging industries, expansion and mature stages, and pre-IPOs. The firm invests in companies with potential for SME board or Growth Enterprise board listing, subject to minimum revenue and net profit thresholds. It also manufactures and sells non-metallic mineral products, including abrasives and abrasive tools, in China and internationally.

Country
Price · split & dividend adjusted
News & notes moving 600783.CG
600783.CG

Luxin Venture Capital independent director Zhang Zhiyong steps down, Zhang Hong nominated as candidate

Luxin Venture Capital announced that independent director Zhang Zhiyong has resigned from his roles as independent director, chairman of the board nomination committee, and member of the remuneration and assessment committee, due to having served six consecutive years. The resignation will take effect after the shareholders' meeting elects a new independent director. The company's 12th board of directors has nominated Zhang Hong as an independent director candidate at its 13th meeting, with the term starting from the date of approval by the shareholders' meeting until the end of the 12th board's term. His qualification has been reviewed by the Shanghai Stock Exchange with no objections.
Jiemian·22dRead more →
600783.CG

Three well-known private equity firms flagged for failing to file annual reports on time

Three well-known private equity firms were placed on the business operations exception list by market regulators on July 4 for failing to disclose their annual reports on schedule. According to data from Tianyancha, Shanghai Jiuqi Lianghe Investment Co., Ltd., Shanghai Yuyi Private Equity Fund Management Co., Ltd., and Shanghai Chuhou Private Equity Fund Management Co., Ltd. all triggered alerts for not publishing their annual reports within the deadline set by Article 8 of the Interim Regulations on Enterprise Information Disclosure. Jiuqi Lianghe Investment manages between 2 billion and 5 billion yuan, focuses on quantitative investing, and counts the 10-billion-yuan private equity firm Jiuqi Investment among its shareholders. Yuyi Private Equity also manages between 2 billion and 5 billion yuan but has only five full-time employees. Chuhou Private Equity manages between 1 billion and 2 billion yuan, with its actual controller being Luxin Venture Capital. Industry insiders say that after filing a supplementary annual report and making it public, firms can apply to be removed from the list, and timely handling usually does not materially affect business. However, such oversights may expose gaps in company management and raise external doubts about their compliance capabilities.
Jiemian·57dRead more →